Venture Global (VG) Research & Development (2024 - 2026)
Venture Global (VG) reported Research & Development of $46.0 million for Q1 2026, down 74.73% year-over-year from $182.0 million in Q1 2025, and down 11.54% quarter-over-quarter from $52.0 million in Q4 2025.
Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends
Venture Global (VG) has 3 years of Research & Development data on file, last reported at $46.0 million in Q1 2026.
- Research & Development for Q1 2026 came in at $46.0 million, down 74.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.0 million (down 67.3% YoY), and the FY2025 annual result was $344.0 million, down 45.83% from the prior year.
- Research & Development fell to $46.0 million in Q1 2026 per VG's latest filing, from $52.0 million in the prior quarter.
- Over five years, Research & Development peaked at $182.0 million in Q1 2025 and troughed at $46.0 million in Q1 2026.
- A 3-year average of $113.9 million and a median of $124.0 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2025 and 2026: Research & Development grew 0.55% in 2025, then plunged 74.73% in 2026.
- A 3-year view of Research & Development shows it stood at $124.0 million in 2024, then sank by 58.06% to $52.0 million in 2025, then declined by 11.54% to $46.0 million in 2026.
- Business Quant data shows VG's Research & Development at $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | - |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | - |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | - |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | - |
| 10 | Venture Global | 31.69 Bn | 31.63 Bn | 4.33 Bn | 46.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 57.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 156.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 181.00 Mn |